What Is Company Turnover & How Do You Calculate It?
Investment funds with excessive turnover are often considered to be low quality. Turnover is how quickly a company has replaced assets within a specific period. It can include selling inventory, collecting receivables, or replacing employees. It can also represent the percentage of an investment portfolio that is replaced. You should be able to rapidly calculate total sales for a certain time if your accounts are up to date. Simply subtract costs to arrive at profit; subtract all other expenses, including tax, to arrive at net profit. Do not despair – there are easy enough ways to validate your business, and …